Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1: (20 points) (A) The number of mobile phones sold daily at MEGA electronics has the following probability distribution. X: # of mobiles sold

image text in transcribed

image text in transcribed

Question 1: (20 points) (A) The number of mobile phones sold daily at MEGA electronics has the following probability distribution. X: # of mobiles sold P(X=x) 18 0.4 19 0.2 22 0.3 a) What is the mean of the number of mobiles sold on a given day? b) What is the variance of the number of mobiles sold on a given day? (B) A Pharmaceutical company claims that a new drug is effective against COVID-19 60% of the time. The drug is tested on 24 selected patients. a) Use the Binomial distribution to find the probability that exactly 16 patients recovered from COVID-19? (Round your answer to the nearest thousandth). Question 5: (15 points) (A) A sample of 20 randomly chosen water melons was taken from a large population, and their weights were measured. The X = 100 mean weight of the sample was X = 100 lb. and the standard deviation was S = 15 lb. Construct a 90% confidence interval for the mean weight of the whole population of water melons. (B) A survey of families having kids at school showed that 372 of 1,200 sampled families attended a parents meeting during the year. Using the 90% level of confidence, what is the confidence interval for the proportion of families attended a parents meeting

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Radical Reporting Writing Better Audit Risk Compliance And Information Security Reports

Authors: Sara I. James

1st Edition

1032106042, 978-1032106045

More Books

Students also viewed these Accounting questions